Domestic Demand Trigger Jakarta’s Economic Growth - BPS-Statistics Indonesia Jakarta Utara Municipality

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Domestic Demand Trigger Jakarta’s Economic Growth

Release Date : September 7, 2023
File Size : 1.18 MB

Abstract

Despite the global economic slowdown,  Jakarta’s economic growth has been as 
expected. Increasing public activity and mobility during school holidays and national religious holidays, as well as the number of events on a local and international scale, were the main drivers of economic growth.
Moreover, Eid allowance payments also stimulate the domestic demand, which
further impacts economic growth.
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